December 8, 2008


One For You, Ten For Me

I believe it is always best to start the week off with a laugh. Here's one for today. And put your coffee down - it's really, really good.

Okay, for those of you too lazy to follow the link, the head cheese from Merrill Lynch & Co - you know the first biggee to announce the big oops at the front door of this banking meltdown in the U.S. - has requested of his board that he get a bonus for the year in the neighbourhood of 10 million. Dollars. Seriously.

Dunno about you, but I think ol' Obama might want to keep on thinking about those bailouts for the rest of the Nimrod Squad if this is the level of 'ooooooooh, now I get it!' that they all have. Seriously. If your head is so firmly up your butt that your company can lose over 11 Billion bucks - on your watch - and you still want your gold star, if you are so desperate for coin that you have to appear before all the hobgoblins in Washington hat in hand - but you fly there in a private jet - if this is what you are doing, you have no clue what the real problem is.

I've heard it remarked upon that even though the banking industry in the U.S. has seen rather large money funneled in to shore it up, it isn't getting through to the average shmoes who are trying to hold onto their houses and businesses. Instead, that area's becoming tighter than the knot in a preschooler's shoelace.

The Exalted will start doling it out just as soon as they all decide what their year-end bonuses will be.

If there's anything left.

11 Comments:

Blogger OmemeeOzzie said...

I'm amazed that any individual can do something like this with a straight face.

Public perception alone would surely make any sane individual think twice before making this type of request?

Apparently not.

Closer to home, I found myself wondering if Frank Stronach, Magna's patriarch, will continue with his usual annual raid on the company coffers - especially after Magna announced closing several plants, some on his own doorstep.

The absolute nerve of some people.

Entitlement? I should think not.

Any individual that particpated in the architecture of any company's demise or devaluation at the expense of shareholders and the "little people", should get in line and take their lumps like the rest of us.

I do not forsee my personal bail out package coming from any form of governemnt anytime soon.

Hell, as a self-employed individual these last 20 plus years, if my work dries up, I am unable to receive EI - regardless of the fact I contributed into it for many years and have consistently paid exorbitant amounts of various taxes to all levels of government while offering employment opportunities to many over the years.

Bitter? No. Just fed up with seeing and hearing about the "haves" of this world constantly looking for more -regardless of the costs or consequences.

December 08, 2008 11:48 AM  
Anonymous Webgod Jeff said...

What a surprise! A blog entry about politics and/or the economy. How refreshing...

December 08, 2008 12:45 PM  
Anonymous Anonymous said...

Bigger joke is, the government has not a clue where the 700 billion plus went, or what is being done with it. They gave them the money with now strings attached so it can be monitored. Bonuses galore and holidays like you wouldn't believe. Watch the Big Three throw a party, how their bailout gets handed. Just a bunch of crap as the taxpayer goes to hell in handcart... Medical insurance anyone? Nope! Ask the banks or the Big Three...'

R...

December 09, 2008 5:59 AM  
Anonymous Anonymous said...

Hey WGJ, I don't think they got your joke.

Roz

December 09, 2008 3:50 PM  
Anonymous buzzwhack said...

"I may be on the lam but I ain't no sheep!" dubya Bush overheard talking to Barbra Streisand just before he planted a big wet one.

December 09, 2008 5:43 PM  
Blogger DJ said...

Hehehe Buzz

Just a note about how serious Detroit is...at this years NASCAR awards, Ford canceled its hospitality suite citing the economy.

Are they finally smartening up?

DJW

December 09, 2008 5:56 PM  
Anonymous Webgod Jeff said...

Nobody ever gets my jokes...

December 09, 2008 8:07 PM  
Blogger DJ said...

Sarcasm.

Just one more free service offered.

December 10, 2008 5:38 AM  
Blogger OmemeeOzzie said...

Baa-ram-ewe!

December 10, 2008 8:44 AM  
Anonymous Webgod Jeff said...

Oh she pays dearly for the sarcasm...

December 10, 2008 10:11 AM  
Anonymous Anonymous said...

Pays dearly? We haven't heard a word from Lorraine...Maybe she is Christmas shopping too make up??? I can hardly wait...Bah!!! It is festive, I guess. You know, it is temp. wise in New Zealand, so much warmer... Maybe someone was on too something???

December 11, 2008 2:18 PM  

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